BTIG Opens Coverage on Robinhood With Buy, Sees Double-Digit Asset Growth for a Decade
BTIG began coverage of Robinhood Markets with a Buy rating and a $125 price objective, forecasting the retail brokerage could grow assets at better than 20% per year over the next ten years. The firm's note highlights demographic advantages, broadened product lines and international expansion as the engine for long-term compounding, while acknowled…